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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Cantex Mine Development Corp. is an exploration stage company. Its principal business activity is the exploration and development of mineral properties for commercial mineral deposits, and it is considered to be at the exploration stage. It is focused on its 100% owned 20,000-hectare (ha) North Rackla Project located about 150 kilometers (km) northeast of the town of Mayo in the Yukon Territory, Canada where high-grade massive sulphide mineralization has been discovered. Over 60,000 meters of drilling has defined high grade silver-lead-zinc-germanium mineralization over 2.3 km of strike length and 700 meters depth. It has a 100% interest in four mineral properties in Nevada. It has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Al Hariqah is a near-surface gold deposit located about 130 km northwest of Sana’a, Yemen. The Al Masna’a nickel, copper, cobalt project is located in the Saadah region some 205 km north-northwest of the capital city, Sana’a.


TSXV:CD - Post by User

Comment by SkahaLake1on May 29, 2024 1:58pm
121 Views
Post# 36062713

RE:RE:No need to panic

RE:RE:No need to panic
Why would you panic? We longhaul folks didn't buy this stock hoping that it would go to 50 cents again and flip it.

We hope that Chuck will live long enough for this to pay off for all of us, if a major wants it badly enough. Ten dollars would be nice; the $30 a share that Chuck has repeatedly said that it is worth would be better.

I'm not rich like Chuck, but in many ways I am like him. I just want the affirmation that I was right about Cantex all along. But if it never pays off, well I was never spending the money in advance anyways.

Heck, if it does pay off I probably won't spend much either -- the kids will just get a bigger inheritance.

I'm basically in this to prove to myself (and to my kid brother who is more conservative financially than anybody else that I know) that I could make a good investment. If I didn't then it was just another hand of cards that didn't win -- no big deal.
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